Question: a. Complete the increase (decrease) in dollars and percent. b. Comment on trends. Rapid Retail Comparative Statements of Income (In thousands of dollars) Net sales

a. Complete the increase (decrease) in dollars and percent.

b. Comment on trends.

Rapid Retail Comparative Statements of Income (In thousands of dollars) Net salesCost of goods sold Gross profit December 31 Increase (Decrease) 2008 2007

Rapid Retail Comparative Statements of Income (In thousands of dollars) Net sales Cost of goods sold Gross profit December 31 Increase (Decrease) 2008 2007 Dollars Percent $30,000 $28,000 20,000 19,500 10,000 8,500

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